Creating Value in Ecosystems: Crossing the chasm between knowledge and business ecosystems
Bart Clarysse (),
Mike Wright (),
Johan Bruneel () and
Aarti Mahajan ()
Additional contact information
Bart Clarysse: Imperial College London
Mike Wright: Imperial College London
Johan Bruneel: Imperial College London
Aarti Mahajan: Ghent University
No 22, Research Papers from Enterprise Research Centre
Policy makers take initiatives to stimulate knowledge ecosystems in technology hotspots. It is implicitly assumed that these ecosystems will lead to value networks through which the participating companies can realise a competitive advantage. Value networks refer to business ecosystems where the value proposition is offered by a group of companies which are mutually complementary. The strategy literature suggests that business ecosystems lead to competitive advantages for each of the partners in the ecosystem. Based on a unique hand-collected database of 138 innovative start-ups in the region of Flanders, we analyse the knowledge and business ecosystem and the financial support network. We find that the knowledge ecosystem is well structured and concentrated around a number of central actors while the business ecosystem is almost non-existent at the local level. Further, we find that the financial support network is almost 100% publicly backed and fails to bridge the knowledge and business ecosystem. The implications for policy makers who tend to focus on the development of local ecosystems are discussed.
Keywords: Ecosystems; value networks; innovation systems; university spin-off; innovative start-ups; public sector funding schemes (search for similar items in EconPapers)
JEL-codes: L26 L53 M38 O33 O38 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (53) Track citations by RSS feed
Downloads: (external link)
http://enterpriseresearch.ac.uk/our-work/publications/ First version, 2014 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:enr:rpaper:0022
Access Statistics for this paper
More papers in Research Papers from Enterprise Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Olivia Garcia (). This e-mail address is bad, please contact .